Alcoa (AA) reported Q2 FY 2020 loss of $0.02 per share (versus -$0.01 per share in Q2 FY 2019), much better than analysts’ consensus estimate of -$0.23 per share.
The company’s quarterly revenues amounted to $2.148 bln (-20.8% y/y), beating analysts’ consensus estimate of $2.116 bln.
AA rose to $13.20 (+4.02%) in pre-market trading.